Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 - Resignation of M/s. B.R. Pancholi & Co. as Statutory Auditor of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kalind Limited's joint statutory auditor, M/s. B.R. Pancholi & Co., Chartered Accountants, has resigned with effect from November 19, 2025, just over a year after being appointed on September 18, 2024. Their term was originally scheduled to run until the Annual General Meeting in 2029, making this a premature exit. The auditor cited the company's recent change in ownership and induction of new promoters, along with an ongoing strategic and operational realignment, as the reason — the company wished to appoint a new audit firm aligned with its revised direction. The other joint statutory auditor, M/s. JMMK & Co. LLP, will continue in the role, so the company will not be without an auditor. The latest limited review report (Q2 FY 2025-26) was submitted on November 14, 2025, and the outgoing auditor confirmed there are no other material concerns behind the resignation.
Shareholders should note that while the company retains an auditor (JMMK & Co.), an auditor change mid-term following a promoter change can sometimes raise governance questions. Watch for the appointment of the new audit firm and any further announcements about the new promoters' strategic plans.